Itc issue in credit ledger

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in gstr 3b we claim itc and filed return but afterwards we not utilize it, excess itc is available in credit ledger, some month later we realize that we claim excess itc by mistake so we reverse it voluntary, now there is gst audit noticed issue by department, now my question is whether there is interest liability attract?? on itc reverse portion??
Replies (3)
Yes, Interest and penalty applicable for the excess claimed ITC.
If you not utilized ITC ,there is no penalty and interest.

No interest if ITC not utilized in terms of Rule 88B but penal provisions may attract under section 73. 

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